Axcelis Technologies Inc

Axcelis Technologies Inc Stock Forecast & Price Prediction

Live Axcelis Technologies Inc Stock (ACLS) Price
$76.49

7

Ratings

  • Buy 4
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$76.49

P/E Ratio

11.32

Volume Traded Today

$488,467

Dividend

Dividends not available for ACLS

52 Week High/low

158.61/69.35

Axcelis Technologies Inc Market Cap

$2.51B

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ACLS Summary

Based on ratings from 7 stock analysts, the Axcelis Technologies Inc stock price is expected to increase by 50.35% in 12 months. This is calculated by using the average 12-month stock price forecast for Axcelis Technologies Inc. The lowest target is $100 and the highest is $125. Please note analyst price targets are not guaranteed and could be missed completely.

ACLS Analyst Ratings

ACLS is a stock in Technology which has been forecasted to be worth $115 as an average. On the higher end, the forecast price is $125 USD by from and on the lower end ACLS is forecasted to be $100 by Quinn Bolton from Needham.

ACLS stock forecast by analyst

These are the latest 20 analyst ratings of ACLS.

Analyst/Firm

Rating

Price Target

Change

Date

Charles Shi
Needham

Hold


Reiterates

Nov 8, 2024
Craig Ellis
B. Riley Securities

Buy

$165

Maintains

Aug 2, 2024
Charles Shi
Needham

Hold


Reiterates

Aug 2, 2024
Mark Miller
Benchmark

Buy

$175

Maintains

Aug 2, 2024
Mark Miller
Benchmark

Buy

$180

Maintains

Jul 15, 2024
Thomas Diffely
DA Davidson

Buy

$175

Maintains

Jul 15, 2024
Charles Shi
Needham

Hold


Reiterates

Jul 12, 2024
Duksan Jang
B of A Securities

Neutral

$160

Maintains

Jul 12, 2024
Craig Ellis
B. Riley Securities

Buy

$190

Maintains

Jul 12, 2024
Christian Schwab
Craig-Hallum

Buy

$174

Maintains

Jul 12, 2024
Duksan Jang
B of A Securities

Neutral

$150

Maintains

Jul 10, 2024
Craig Ellis
B. Riley Securities

Buy

$175

Maintains

Jun 20, 2024
Christian Schwab
Craig-Hallum

Buy

$130

Upgrade

May 3, 2024

DA Davidson

Buy


Maintains

May 3, 2024
Craig Ellis
B. Riley Securities

Buy

$155

Maintains

May 3, 2024
Mark Miller
Benchmark

Buy

$170

Maintains

May 3, 2024
Charles Shi
Needham

Hold


Reiterates

May 3, 2024
Craig Ellis
B. Riley Securities

Buy

$165

Maintains

Feb 9, 2024
Duksan Jang
B of A Securities

Neutral


Downgrade

Dec 15, 2023
Mark Miller
Benchmark

Buy

$215

Reiterates

Sep 15, 2023

ACLS Company Information

What They Do: Manufactures ion implantation equipment for semiconductors.

Business Model: Axcelis Technologies generates revenue by designing, manufacturing, and servicing ion implantation equipment used in semiconductor fabrication. The company sells high energy, high current, and medium current implanters to semiconductor manufacturers, and it also offers aftermarket lifecycle products and services, which include used tools, spare parts, maintenance, and training.

Other Information: Founded in 1978 and headquartered in Beverly, Massachusetts, Axcelis operates in key markets including the United States, Japan, Europe, and Asia Pacific. The company's focus on aftermarket services enhances customer loyalty and recurring revenue streams.
ACLS
Axcelis Technologies Inc (ACLS)

When did it IPO

2000

Staff Count

1,620

Country

United States

Sector/Industry

Technology/Semiconductor Equipment & Materials

CEO

Dr. Russell J. Low Ph.D.

Market Cap

$2.51B

Axcelis Technologies Inc (ACLS) Financial Data

In 2023, ACLS generated $1.13B in revenue, which was a increase of 22.89% from the previous year. This can be seen as a signal that ACLS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$474.6M

Revenue From 2021

$662.4M

39.59 %
From Previous Year

Revenue From 2022

$920.0M

38.88 %
From Previous Year

Revenue From 2023

$1.13B

22.89 %
From Previous Year
  • Revenue TTM $1.08B
  • Operating Margin TTM 18.3%
  • Gross profit TTM $491.3M
  • Return on assets TTM 11.6%
  • Return on equity TTM 25.0%
  • Profit Margin 20.6%
  • Book Value Per Share 30.02%
  • Market capitalisation $2.51B
  • Revenue for 2021 $662.4M
  • Revenue for 2022 $920.0M
  • Revenue for 2023 $1.13B
  • EPS this year (TTM) $6.76

Axcelis Technologies Inc (ACLS) Latest News

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Axcelis Technologies (Nasdaq: ACLS) will showcase its Purionโ„ข and GSD Ovationโ„ข Series of ion implanters at SEMICON Japan 2024, highlighting its role in the semiconductor industry.

Why It Matters - Axcelis Technologies' showcase at SEMICON Japan 2024 highlights its innovation in semiconductor solutions, potentially boosting demand and investor confidence in its growth prospects.

News Image

Tue, 19 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Axcelis Technologies (Nasdaq: ACLS) will participate in the 2024 Wells Fargo TMT Summit on December 3-4, 2024, in Rancho Palos Verdes, CA, focusing on semiconductor solutions.

Why It Matters - Axcelis Technologies' participation in key investor conferences signals potential growth opportunities and increased visibility in the semiconductor sector, impacting investor sentiment and stock performance.

News Image

Tue, 19 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - Investors should monitor Axcelis Technologies (ACLS) stock due to recent activity in the options market.

Why It Matters - Recent options market activity for Axcelis Technologies (ACLS) may indicate heightened investor interest or volatility, potentially signaling future stock price movements or trends.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Axcelis Technologies, Inc. (NASDAQ: ACLS) will hold its Q3 2024 earnings conference call on November 7, 2024, at 8:30 AM ET, featuring key executives and analysts from various firms.

Why It Matters - The earnings call will provide insights into Axcelis Technologies' financial performance and strategic direction, influencing investor sentiment and stock valuation.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Axcelis Technologies reported Q3 2024 revenue of $256.6 million, an operating margin of 18.3%, and diluted earnings per share of $1.49.

Why It Matters - Axcelis Technologies' strong revenue and operating margin indicate solid performance, while a diluted EPS of $1.49 suggests profitability, potentially boosting investor confidence and stock value.

News Image

Mon, 04 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - ACLS' Q3 performance is expected to improve due to strong demand for ion implantation systems, particularly in the silicon carbide market.

Why It Matters - Strong demand for ACLS' ion implantation systems, particularly in silicon carbide, suggests revenue growth and market strength, impacting stock performance positively.

...

ACLS Frequently asked questions

The highest forecasted price for ACLS is $125 from at .

The lowest forecasted price for ACLS is $100 from Quinn Bolton from Needham

The ACLS analyst ratings consensus are 4 buy ratings, 3 hold ratings, and 0 sell ratings.